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Exports In 2022, Barbados exported $494k in Thermostats, making it the 96th largest exporter of Thermostats in the world. At the same year, Thermostats was the 99th most exported product in Barbados. The main destination of Thermostats exports from Barbados are: United States ($481k), Grenada ($4.23k), Bermuda ($2.9k), Israel ($2k), and Jamaica ($1.86k).

The fastest growing export markets for Thermostats of Barbados between 2021 and 2022 were United States ($479k), Grenada ($2.97k), and Bermuda ($2.3k).

Imports In 2022, Barbados imported $907k in Thermostats, becoming the 160th largest importer of Thermostats in the world. At the same year, Thermostats was the 304th most imported product in Barbados. Barbados imports Thermostats primarily from: United States ($452k), Spain ($121k), Netherlands ($60.5k), Trinidad and Tobago ($42.7k), and France ($41.5k).

The fastest growing import markets in Thermostats for Barbados between 2021 and 2022 were Spain ($121k), Netherlands ($57.9k), and Trinidad and Tobago ($35.6k).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Thermostats. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$494k
IMPORTS (2022)$907k
NET TRADE (2022)-$413k

In 2022, Barbados exported $494k in Thermostats. The main destinations of Barbados exports on Thermostats were United States ($481k), Grenada ($4.23k), Bermuda ($2.9k), Israel ($2k), and Jamaica ($1.86k).

In 2022, Barbados imported $907k in Thermostats, mainly from United States ($452k), Spain ($121k), Netherlands ($60.5k), Trinidad and Tobago ($42.7k), and France ($41.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Barbados WERE (2021 - 2022):
United States$479k (29.7k%)
Grenada$2.97k (236%)
Bermuda$2.3k (390%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Barbados WERE (2021 - 2022):
Jamaica-$2.48k (-57.2%)
Trinidad and Tobago-$2.29k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Barbados's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Barbados's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

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Thermostats’s highest export potential is N/A. With an export gap of N/A.   Thermostats’s highest import potential is N/A with an import gap of N/A.

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